PPG Industries (NYSE:PPG) Cut to Strong Sell at Zacks Research

Zacks Research downgraded shares of PPG Industries (NYSE:PPG) from a hold rating to a strong sell rating in a research note published on Monday,Zacks.com reports. Zacks Research also issued estimates for PPG Industries’ Q4 2025 earnings at $1.59 EPS, Q2 2026 earnings at $2.26 EPS, Q3 2026 earnings at $2.09 EPS, Q1 2027 earnings at $1.91 EPS and Q2 2027 earnings at $2.59 EPS.

Other equities research analysts have also recently issued reports about the company. Bank of America decreased their price target on PPG Industries from $131.00 to $129.00 and set a “neutral” rating for the company in a research note on Tuesday, October 14th. Royal Bank Of Canada lifted their target price on PPG Industries from $115.00 to $117.00 and gave the stock a “sector perform” rating in a report on Friday, August 1st. Citigroup lowered their price target on shares of PPG Industries from $124.00 to $120.00 and set a “buy” rating on the stock in a report on Monday, October 6th. Wells Fargo & Company cut their price target on PPG Industries from $132.00 to $130.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of PPG Industries in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $123.18.

PPG Industries Stock Up 1.5%

Shares of NYSE PPG opened at $97.37 on Monday. The company has a current ratio of 1.47, a quick ratio of 1.04 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $21.85 billion, a PE ratio of 22.08, a price-to-earnings-growth ratio of 2.13 and a beta of 1.19. The stock’s fifty day simple moving average is $103.20 and its two-hundred day simple moving average is $108.74. PPG Industries has a 12-month low of $90.24 and a 12-month high of $130.05.

PPG Industries (NYSE:PPG) last posted its quarterly earnings data on Tuesday, October 28th. The specialty chemicals company reported $2.13 EPS for the quarter, topping the consensus estimate of $2.09 by $0.04. The firm had revenue of $4.08 billion during the quarter, compared to analyst estimates of $4.06 billion. PPG Industries had a net margin of 6.35% and a return on equity of 24.17%. PPG Industries’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.13 EPS. PPG Industries has set its FY 2025 guidance at 7.600-7.700 EPS. As a group, analysts expect that PPG Industries will post 7.95 EPS for the current fiscal year.

PPG Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Monday, November 10th will be paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, November 10th. PPG Industries’s dividend payout ratio is presently 64.40%.

Institutional Investors Weigh In On PPG Industries

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Aptus Capital Advisors LLC raised its position in PPG Industries by 16.0% during the third quarter. Aptus Capital Advisors LLC now owns 2,354 shares of the specialty chemicals company’s stock worth $247,000 after acquiring an additional 324 shares during the period. Perennial Investment Advisors LLC purchased a new stake in shares of PPG Industries during the third quarter worth about $254,000. Orion Porfolio Solutions LLC increased its stake in shares of PPG Industries by 13.7% during the third quarter. Orion Porfolio Solutions LLC now owns 5,438 shares of the specialty chemicals company’s stock worth $572,000 after purchasing an additional 654 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of PPG Industries by 1.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,020,138 shares of the specialty chemicals company’s stock worth $317,421,000 after purchasing an additional 43,702 shares during the last quarter. Finally, Montag A & Associates Inc. lifted its stake in PPG Industries by 11.4% in the 3rd quarter. Montag A & Associates Inc. now owns 14,484 shares of the specialty chemicals company’s stock valued at $1,522,000 after buying an additional 1,485 shares in the last quarter. Hedge funds and other institutional investors own 81.86% of the company’s stock.

PPG Industries Company Profile

PPG Industries, Inc manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through two segments, Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; wood stains; paints, thermoplastics, pavement marking products, and other advanced technologies for pavement marking for government, commercial infrastructure, painting, and maintenance contractors; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft.